1302 West Washington Boulevard - 1302 W Washington Blvd, Fort Wayne, IN 46802
For Sale
For Sale
-
Year Built
1915
-
Overview
Amazing opportunity to own this nine unit property located in West Central. This property is currently rented by a local not for profit which pays the rent for seven of the nine units guaranteed even if there is a tenant occupying a unit or not. This rental structure has been in place for over the last eleven years and there is no indication of any changes. This is perfect for the investor that wants to own a larger property and not have to deal with all of the tenant turnover and screening only thing that would need to be done is the maintenance.
Property Details
Amazing opportunity to own this nine unit property located in West Central. This property is currently rented by a local not for profit which pays the rent for seven of the nine units guaranteed even if there is a tenant occupying a unit or not. This rental structure has been in place for over the last eleven years and there is no indication of any changes. This is perfect for the investor that wants to own a larger property and not have to deal with all of the tenant turnover and screening only thing that would need to be done is the maintenance.
- Property TypeOffice
- Submarket
- Year Built1915
- Sale Price$299,900
- Total Acres0.19
- Cap Rate9.0%
- Number of Floors0
- Property ID1924922